Lagging Arms Production Makes Pentagon Wary of Further Industry Consolidation
January 15, 2023
| Share:
U.S. defense companies are finding it tough to quickly replenish weaponry such as missiles and artillery shells for Ukraine, leading Pentagon officials to revisit whether industry consolidation has gone too far.
Two decades of mergers and acquisitions have left the top six contractors to share the majority of Pentagon spending on military equipment. In the 1990s, some 50 firms vied for big contracts.
More News & Insights
Dr. Joseph Nemec, Managing Director, Morgan Stanley
Dr. Joseph Nemec, Managing Director, Morgan Stanley, a deeply experienced cyber and technology executive with 20+ years proven success in both line management and independent advisory roles operating at the…
David Soldow, Advisor, McKinsey & Company’s Defense and Security Practice
Dave Soldow, Advisor, McKinsey’s Defense and Security Practice, leading outreach, integration, and execution for the Office of the Secretary of Defense (OSD), Joint Staff, Combat Support Agencies, Combatant Commanders, Service…
